NYSE:CWT - California Water Service Group Stock Price, News, & Analysis

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$45.39 +0.01 (+0.02 %)
(As of 11/21/2018 06:52 AM ET)
Previous Close$45.38
Today's Range$45.30 - $45.89
52-Week Range$35.25 - $46.15
Volume141,435 shs
Average Volume261,816 shs
Market Capitalization$2.18 billion
P/E Ratio32.42
Dividend Yield1.65%
Beta0.5
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 484,900 customers in 100 California communities; approximately 4,500 water and wastewater customers on the islands of Maui and Hawaii; approximately 16,800 customers in the Tacoma and Olympia areas in Washington; and approximately 8,100 water and wastewater customers in the Belen, Los Lunas, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating municipally owned water systems, privately owned water, and recycled water distribution systems; providing operational and maintenance, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing optional third-party insurance programs to its residential customers; and providing lab services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Current SymbolNYSE:CWT
Previous Symbol
CUSIP13078810
Phone408-367-8200

Debt

Debt-to-Equity Ratio1.00
Current Ratio0.62
Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio32.42
Forward P/E Ratio37.20
P/E Growth5.31

Sales & Book Value

Annual Sales$666.89 million
Price / Sales3.27
Cash Flow$3.0566 per share
Price / Cash14.85
Book Value$14.81 per share
Price / Book3.06

Profitability

EPS (Most Recent Fiscal Year)$1.40
Net Income$67.18 million
Net Margins8.54%
Return on Equity8.44%
Return on Assets2.11%

Miscellaneous

Employees1,176
Outstanding Shares48,070,000
Market Cap$2.18 billion
OptionableOptionable

California Water Service Group (NYSE:CWT) Frequently Asked Questions

What is California Water Service Group's stock symbol?

California Water Service Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWT."

How often does California Water Service Group pay dividends? What is the dividend yield for California Water Service Group?

California Water Service Group declared a quarterly dividend on Wednesday, October 31st. Stockholders of record on Monday, November 12th will be paid a dividend of $0.1875 per share on Friday, November 23rd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Thursday, November 8th. View California Water Service Group's Dividend History.

How were California Water Service Group's earnings last quarter?

California Water Service Group (NYSE:CWT) posted its earnings results on Thursday, November, 1st. The utilities provider reported $0.72 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.72. The utilities provider had revenue of $219 million for the quarter, compared to analysts' expectations of $249.64 million. California Water Service Group had a net margin of 8.54% and a return on equity of 8.44%. The business's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.70 EPS. View California Water Service Group's Earnings History.

When is California Water Service Group's next earnings date?

California Water Service Group is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for California Water Service Group.

What price target have analysts set for CWT?

4 analysts have issued 1-year price objectives for California Water Service Group's stock. Their forecasts range from $33.00 to $44.00. On average, they expect California Water Service Group's share price to reach $39.6667 in the next year. This suggests that the stock has a possible downside of 12.6%. View Analyst Price Targets for California Water Service Group.

What is the consensus analysts' recommendation for California Water Service Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Water Service Group in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Water Service Group.

Has California Water Service Group been receiving favorable news coverage?

Headlines about CWT stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. California Water Service Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of California Water Service Group's key competitors?

Who are California Water Service Group's key executives?

California Water Service Group's management team includes the folowing people:
  • Mr. Martin A. Kropelnicki, Pres, CEO & Director (Age 51)
  • Mr. Thomas F. Smegal III, VP, CFO & Treasurer (Age 51)
  • Ms. Lynne P. McGhee, VP & Gen. Counsel (Age 53)
  • Mr. Paul G. Townsley, VP of Rates & Regulatory Matters (Age 61)
  • Mr. Robert J. Kuta, VP of Engineering & Environmental Affairs (Age 53)

Who are California Water Service Group's major shareholders?

California Water Service Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.22%), Pictet Asset Management Ltd. (3.36%), Dimensional Fund Advisors LP (3.30%), Bank of New York Mellon Corp (1.46%), Legal & General Group Plc (0.62%) and Nuance Investments LLC (0.59%). Company insiders that own California Water Service Group stock include David B Healey, George A Vera, Lester A Snow, Lynne P Mcghee and Michael B Luu. View Institutional Ownership Trends for California Water Service Group.

Which institutional investors are selling California Water Service Group stock?

CWT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, JPMorgan Chase & Co., JPMorgan Chase & Co., Water Asset Management LLC, Independent Advisor Alliance, Piermont Capital Management Inc., Credit Suisse AG and Pictet Asset Management Ltd.. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, Lester A Snow and Lynne P Mcghee. View Insider Buying and Selling for California Water Service Group.

Which institutional investors are buying California Water Service Group stock?

CWT stock was acquired by a variety of institutional investors in the last quarter, including Nuance Investments LLC, WINTON GROUP Ltd, BlackRock Inc., Assenagon Asset Management S.A., Bank of New York Mellon Corp, First Trust Advisors LP, AQR Capital Management LLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for California Water Service Group.

How do I buy shares of California Water Service Group?

Shares of CWT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is California Water Service Group's stock price today?

One share of CWT stock can currently be purchased for approximately $45.39.

How big of a company is California Water Service Group?

California Water Service Group has a market capitalization of $2.18 billion and generates $666.89 million in revenue each year. The utilities provider earns $67.18 million in net income (profit) each year or $1.40 on an earnings per share basis. California Water Service Group employs 1,176 workers across the globe.

What is California Water Service Group's official website?

The official website for California Water Service Group is http://www.calwatergroup.com.

How can I contact California Water Service Group?

California Water Service Group's mailing address is 1720 NORTH FIRST STREET, SAN JOSE CA, 95112. The utilities provider can be reached via phone at 408-367-8200 or via email at [email protected]


MarketBeat Community Rating for California Water Service Group (NYSE CWT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about California Water Service Group and other stocks. Vote "Outperform" if you believe CWT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CWT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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